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Old 4th Jul 2020, 06:30
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Glor
 
Join Date: Jul 2020
Location: Hong Kong
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Angel End of year Restructure

There are several potential restructuring strategies and tricks to cut costs further to save the airline even after the gov bailout...

1) All people change to newer COS (E.g. 99 -> 08, 08->18, 18->20)
2) New COS 20 with lower base and hourly rate, maintain target hours (monthly/yearly) [Almost to the max anyway, just to minimise productivity pay]
3) Suspend pilot recruitment for SO or cadet (FO recruitment may continue due to resignation/retirement)
4) Possible redundancies if merge with UO (Certain demotions for each rank, may temporarily impose no-pay leave for new join SO [period: 2 months or more], last step: Last-in-first-out)
5) Delay contract signing for new joiner
6) Some training captains will drop to line captain UFN
7) Downsizing KA's route and fleet
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